Policy was assigned in name of assessee on 2-6-2009, whereas, it matured on 10-2-2015, i.e. during previous year relevant to assessment year 2015-16, at time of maturity of Keyman Insurance Policy, amendment is section 10:10D) by way of Explanation 1, had already been made effective. Therefore, assessee would not be eligible to claim exemption under section 10(10D) on maturity value of Keyman Insurance Policy. Tribunal held that as no valid notice was issued the order was quashed and set aside.  (AY. 2015-16)